The benchmark indices pared morning gains to end flat with the Nifty settling below 10,100 on Thursday after data showed that the wholesale price index (WPI)-based inflation rose to 3.24% from a year ago, its fastest pace in four months, driven by higher prices of food and fuel products,

Overseas, Asian stocks ended mixed, consolidating after touching their highest in a decade, while the European markets inched lower.

Related Stories

No Related Stories Found

Widgets Magazine

Investors now await the US consumer price index (CPI) due later in the session and its potential impact on the Federal Reserve’s stance on interest rates. Expectations for the Fed to hike rates again in 2017 have waned as US inflation has proved to be relatively sluggish.